Cybereason, an Israeli security startup, has raised a $59 million Series C funding round, which includes a $50 million investment by Softbank Group. Existing investors Charles River Ventures and Spark Capital also participated in the round. In May, U.S. defense contractor Lockheed Martin invested $25 million in Cybereason. “SoftBank works to obtain cutting edge technology and outstanding business models to lead the Information Revolution. Our deployment of the Cybereason platform internally gave us firsthand knowledge of the value it provides, and led to our decision to invest. I’m confident Cybereason and SoftBank’s new product offering will bring a new level of security to Japanese organizations,” said Ken Miyauchi, President & CEO of SoftBank Corp.
EverString, a sales and marketing analytics provider, has raised $65 million in Series B funding led by Lightspeed Venture Partners. Sequoia Capital, IDG Ventures and Lakestar also participated in the investment round. “While the marketing technology sector has grown significantly in recent years, there are very few companies that offer more than just niche, point solutions,” said Peter Nieh, partner at Lightspeed Venture Partners. “EverString is unique, in that it offers a comprehensive platform that helps B2B companies find and drive the best customer prospects through the sales funnel. In a short period of time the company has already achieved significant customer traction. Lightspeed led both the Series A and the Series B for EverString, because of the company’s pace of innovation, exceptional team and rapid success with customers ranging from the Fortune 50 to high-growth startups.”
Optimizely, an experience optimization platform, has secured $58 million in Series C financing led by Index Ventures. Andreessen Horowitz, Bain Capital Ventures, Battery Ventures, Benchmark Capital, Citi Ventures, Correlation Ventures, Danhua Capital, Pharus Capital Management, Salesforce Ventures, and Tenaya Capital all participated in the funding round. The company has now raised a total of $146 million. “Websites and mobile apps are increasingly becoming the frontline of customer interaction with brands,” said Ilya Fushman, General Partner at Index Ventures. “We see a huge opportunity in the optimization market and believe Optimizely is leading the charge in helping businesses deliver the most impactful, data driven experiences possible.”
SentinelOne, an endpoint security startup, has raised $25 million in financing, as it aims to disrupt the anti-virus market. The company has now raised nearly $40 million in total. Third Point Ventures led the financing round, with participation from existing investors Tiger Global, Data Collective, Granite Hill Capital Partners, Westly Group and new investor SineWave Ventures. “Attacks have moved beyond malware and can now compromise endpoint devices using a variety of techniques and methods,” said Tomer Weingarten, CEO of SentinelOne. “We’ve built a platform from the ground up that can detect and protect against malicious activity on a machine regardless of the vector, or source of entry, being used. This new round of financing will allow us scale quickly and capture a lion’s share of the very large market for endpoint protection.”